Business

Basra crude prices rise despite global oil price decline

Basra heavy and medium crude prices rose on Wednesday, despite the decline in oil prices in global markets.

Basra heavy crude prices rose 89 cents to $72.39, and Basra medium crude prices rose 89 cents to $75.39.

Oil prices fell, amid expectations t…

Egypt’s PM Madbouly Praises FOCAC’s Impact On Sino-African Ties

Egypt’s Prime Minister Mostafa Madbouly has highlighted the pivotal role of the Forum on China-Africa Cooperation (FOCAC) in strengthening Sino-African relations.

In an interview with Xinhua News Agency, Madbouly emphasized the forum’s ability to dri…

Currencies and metals

Bethlehem-Ma’an- The exchange rates against the shekel today were as follows:

USD- Buy 3.68 Sell: 3.72

Dinar – Buy: 5.18 Sell: 5.27

EUR- Buy: 4.07 Sell: 4.11

Metals: Gold: Buy 2495 Sell 2497

Silver: Buy 28.02 Sell 28.04

To subscribe to the SMS s…

CBB Sukuk Al-Ijara oversubscribed by 396%

Manama, The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been oversubscribed by 396%.

Subscriptions worth BD 103 million were received for the BD 26 million issue, which …

Bahrain All Share Index marks 1,948.22 points

Manama, Bahrain All Share Index has closed at 1,948.22 points marking a decrease of 0.68 points below the previous closing.

This decrease was due to the drop in the financial sector.

Bahrain Islamic Index has closed at 810.29 points, marking an inc…